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Yes Remit

Transfer Money to India

We understand that as a Global Indian, your investment needs are different and as India's new age private sector Bank our endeavour is to help you make the most of what India has to offer. Keeping up with its commitment of providing Superior and Consistent Banking Experience, YES BANK offers YES Remit - Easy, Fast and Secured Online Money Transfer option to India.

Now send money to your loved ones back home from the comfort of your home/office.

YES Remit is a unique and robust online remittance solution for sending money to India from Australia, United Kingdom, Singapore, United Arab Emirates, Switzerland and the Euro Zone. This remittance platform is bank-neutral and thus, it does not require the senders and recipients to have a bank account with YES BANK. We are committed to offer you an impeccable experience compared to any other remittance services offered.

YES BANK is committed to help your money grow and provide you with Superior Exchange Rates. For Exchange Rates, click here.

What's More? No Transaction Fees on YES Remit.

Features and Benefits

YES Remit provides host of advantages like:

  • Superior Exchange Rates

  • No Transaction Fees for money transfer

  • Direct credit to your account or your beneficiary's YES BANK account or any other bank in India

  • Online tracking of your remittances

  • Maintain an address book of all beneficiaries

  • Send personalized messages with each remittance

  • Round-the-clock customer service assistance

Exchange Rates, Transaction Limits and Fees

Exchange Rate: Click here for today's Exchange Rates*

*The rates shown are only indicative rates and the rate applicable to your remittance is based on the rate prevailing on the day your funds are converted into rupees

Transaction Limits: Click here to view the transaction limits

Fees:No Transaction Fees on YES Remit

Service Tax:

Service Tax (inclusive of all cess) effective June 1, 2016

  • 0.15% of the gross amount of currency exchanged for an amount up to 100,000 subject to the minimum amount of 37.50 and

  • 150 plus 0.075% of the gross amount of currency exchanged for an amount of rupees exceeding 100,000 and up to 10,00,000 and

  • 825 plus 0.015% of the gross amount of currency exchanged for an amount of rupees exceeding 10,00,000 subject to maximum amount of 7,500

Transaction, Tracking & Registration Process

Step 1: Log on to www.yesbank.in

Step 2: Register yourself for YES Remit service

Simple Steps for transferring money to India are:

  • Log on to YES Remit website

  • Click on the "Remit Now" link

  • Book a transaction

  • Make an online payment from your existing Internet Banking account to the YES BANK account details mentioned on the transaction confirmation page

  • Enter the complete remittance reference number and the remitter’s name in the payment description field on your existing bank's website while initiating the payment (for AUD, GBP, SGD, CHF and AED)

  • For EURO transactions, please enter the complete alpha numeric remittance reference number which includes your beneficiary name in the payment description field on your existing bank's website while initiating the payment

  • This would help us to trace and process your funds

Process mechanism:

Once we receive the amount of your remittance in our nostro account, the same will be credited to your beneficiary’s account within 1 working day*. You will receive a confirmation e-mail once the funds are credited to your beneficiary’s bank account in India¿

*Only for Australia corridor, the TAT will be 2 working days

Tracking your Remittance is equally easy. Follow the below mentioned steps:

  • Log in to YES Remit to check the transaction status on the Online Tracker

  • You will also receive email updates about your transaction status

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Q.What is YES Remit?

A.YES Remit is an online money transfer facility offered by YES BANK which enables NRIs from United Kingdom, Euro Zone, Australia and United Arab Emirates to send money to India.

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Q.Who can use YES Remit?

A.YES Remit can be used by an NRI wanting to send money from his/her bank account in United Kingdom, Euro Zone, Australia and United Arab Emirates to a beneficiary in India. The remitter can also have the money sent to his/her own NRE/NRO account in India.

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